By Dayo Johnson

Akure—ONDO State governor, Dr Olusegun Mimiko yesterday signed into law this years  appropriation bill which was jerked up from N118billion to N123.720billion by the state House of Assembly.

The budget comprised of a recurrent estimate of N69,194,325,000 representing 55.93% and a Capital estimate of N54,526,375,000  representing 44.07% of the estimates.

Speaking at the ceremony, the governor  Said that the “journey has no doubt, been challenging, but the mercies of God have seen us through to the last lap of the fiscal race.

“It is equally noteworthy that, in the last seven years, God has granted our prayers for the transformation of both the land and the people of the State through the instrument of our yearly budgets

The governor said this has enabled” us to implement the several game-changing initiatives and programmes all across the State.

“Our Sunshine State has inevitably been placed on the global scene as a worthy reference in good and innovative governance.

He pointed out that” the overarching rationale of this year’s budget is to ensure the continuity of the amazing social re-engineering process of the last seven years.

“People-oriented governance must continue in the last lap of this administration and by God’s grace must be sustained well beyond it (this administration).

He however assured that the budget will be implemented towards the continued delivery of dividends of good governance to our people.